5+5 policy cuts drug imports by 70%, boosts local production — NAFDAC
“NAFDAC is committed to promoting local manufacturing in Nigeria to strengthen national food and drug security through market-friendly and innovation-driven regulatory directives,” she said.
According to her, 70 of the companies were existing manufacturers while 106 were new companies, a development she described as evidence of growing investor confidence in local pharmaceutical production.
Adeyeye said the overall impact of the 5+5 and Ceiling List initiatives included 28 newly developed or retrofitted companies and 16 new facilities, representing 44 facilities and an estimated 25 per cent increase in local manufacturing.
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